Good morning. Investors are sorting through a number of earnings reports including from Cisco Systems (CSCO), Freddie Mac (FRE), Sprint (S), Time Warner (TWX), Priceline.com (PCLN), Ambac (ABK), & Whole Foods (WFMI). Also, oil is trading slightly higher ahead of the government's weekly energy inventory report at 10:35AM. In the early going, premarket futures are mixed as the market hopes to ex...
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Futures mixed with NQ outperforming due to CSCO beat yesterday AH.Gapping Up: CSCO, NDAQ, MYL, RL, WMS, ONNNGapping Down: HCP, MFLX, LAMR, BMRN, FRE, FNM, WFMI, S, PCLNCrude Inventories at 10:35
Looks like the indices are set to remain in their trading ranges early on today. Let’s see if the oil inventory report can spark a big move or not… On Today’s Calendar: 10:35 — Crude Inventories More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic Potential swing trades: See one of the recent ‘Chart Reading‘ posts for some potential swing ...
Filed under: Analyst reports, Staples Inc (SPLS), Genentech Inc (DNA), Analyst initiationsMOST NOTEWORTHY: Solarfun Power, BioMarin Pharmaceutical and Genentech were today's noteworthy initiations: Jefferies initiated Solarfun Power (NASDAQ:SOLF) with a Buy rating and $18 target. The firm believes the one-third stake purchased by Good Energies and new management hires could generate operational...